Why Canadian Homeowners Aren’t Selling There hasn’t been the usual rush of vendors at Canada’s popular Spring market thus far. Investors may have a greater issue than slow sales, BMO Capital Markets said. They point to many causes but ultimately conclude there is no incentive to sell. Less than a year after the Canadian real […]
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Canadian real estate prices will “rip” higher: SCOTIABANK Canadian real estate may be sluggish right now, but a major bank believes it will “rip” shortly. According to a recent Scotiabank study, the Federal government is at conflict with the Bank of Canada’s (BoC) aims. The country’s central bank is attempting to restrict demand and thereby
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After Variable Shock, Canadian Homebuyers Choose Fixed Terms Overstimulated Homebuyers in Canada are avoiding adjustable-rate mortgages. Mortgage borrowers in Canada favoured fixed interest rates over variable ones in October, according to data from the Bank of Canada (BoC). At the beginning of the year, a majority of new borrowers selected adjustable-rate mortgages. As rates return
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IMPORTANCE OF PERFORMANCE AUDIT Canada’s home market could feel some relief from the influx of new inventory expected in the coming months. According to the CMHC, the number of housing construction projects started in September remained at a record high. BMO Capital Markets emailed investors to report a record number of apartments are now being
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BMO predicts a 76% correction in Canadian real estate markets by 2023. Canadian real estate prices are falling, but the bubble hasn’t burst yet. BMO told investors over the weekend that housing prices might diverge by 76% in Q1 2022. Home prices add a tiny premium to wage growth and interest rates. Canada’s divergence is
BMO predicts a 76% correction in Canadian real estate markets by 2023. Read More »
Federal Ontario gives an investment of $259M for each GM for Oshawa A “slightly more balanced market” is likely to reach the GTA this summertime, as per new research, after months of constantly increasing property prices.Over the winter, two main themes have dominated the Canadian real estate market: the lowest recorded inventory as well as
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BMO concerned about the collapes in Canadian real estate Everyone is interested in determining how low real estate prices can go in Canada now that the real estate bubble there has finally started to deflate. Over the course of the weekend, BMO Capital Markets provided clients with an analysis of the topic, including models and
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Highest Inflation in Canada since MC Hammer’s 2 Legit 2 Quit release Households in Canada are currently facing the highest level of inflation seen in a whole generation. The Consumer Price Index (CPI) data for the month of April was just released by Statistics Canada (Stats Can). The agency places the recent acceleration, which sent
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Growth in Canadian real estate prices may stall within the next three months After being derailed by higher rates, the record run of the Canadian real estate market is quickly coming to an end. According to a recent research note published by BMO, the national sales to new listings ratio (SNLR) decreased in the month
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Mortgage costs in Canada are on the rise, making renting a more logical option. As a result of inflation’s effect on bond yields, the Canadian real estate market is undergoing rapid transformation. Mortgage rates are expected to continue rising, according to First National, one of the major non-bank mortgage lenders in Canada. An email was
Mortgage costs in Canada are on the rise, making renting a more logical option. Read More »
